Kae Capital invests in digital lending startup CrediFiable

At SBI Life's FY17 EmV of Rs 16,537.9 crore, the price-EmV multiple works out to be 4.2.Early-stage VC firm Kae Capital has invested an undisclosed amount in digital lending startup CrediFiable.

CrediFiable focuses on personal loan segment for salaried professionals, providing loans in Rs. 50,000 to ` the range of ` Rs.5 lakh. “Salaried professionals looking for personal loans are only concerned with three pain points -certainty of obtaining a loan, final loan quantum and its interest rates, and speed," Presha Paragash, CEO of CrediFiable, said, adding that her firm addresses these pain points without compromising on its portfolio risk.

Paragash had earlier cofounded Sol Primero, which has invested in startups such as ZoRooms, Rapido.